KNOT Offshore Partners LP Announces 3rd Quarter 2026 Cash Distribution

The partnership sees tanker acquisitions and rechartering improvements supporting gradual distribution increases over coming quarters and years.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

Distribution for 3Q 2026

The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended September 30, 2026, of US$ 0.10 per common unit.

This cash distribution will be paid on November 12, 2026, to all unitholders of record as of the close of business on October 26, 2026.

This distribution reflects the Partnership’s belief, as outlined on May 28, 2026, that the combination of accretive dropdowns and improvements from rechartering should support multiple, gradual distribution increases over the coming quarters and years.

About KNOT Offshore Partners LP

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers primarily under long-term charters in the offshore oil production regions of Brazil and the North Sea.

KNOT Offshore Partners LP is structured as a publicly traded master limited partnership but is classified as a corporation for U.S. federal income tax purposes, and thus issues a Form 1099 to its unitholders, rather than a Form K-1. KNOT Offshore Partners LP’s common units trade on the New York Stock Exchange under the symbol “KNOP”.

Forward looking statements

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. Factors that can affect future results are discussed in the Annual Report on Form 20-F filed by the Partnership with SEC. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261001981540/en/

KNOT Offshore Partners LP
Derek Lowe
Chief Executive Officer and Chief Financial Officer
Tel: +44 1224 618 420
Email: ir@knotoffshorepartners.com

Source: KNOT Offshore Partners LP

Key Terms

master limited partnership financial

A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.

form k-1 regulatory

Form K-1 is the tax document a business that passes its profits and losses to owners gives each owner to show their share of income, deductions, and credits for the year. Think of it as a split receipt that tells an investor how much of the business’s taxable results they must report on their own tax return; it matters because it determines the investor’s tax bill and can affect the after-tax return and timing of income recognition.